Buying Panera, stock that is...

Follow my logic...

• The highest that Panera has traded was right about $125/share, back in June of this year.
• It fell to right about $96/share nearly 2 months later on August 8.
• Since that day, and pretty much since December of 2010 it has been right at $100 and above.

Stay with me...I have a point:

Let's analyze what I consider the mecca of all restaurant chains: Chipotle.

• They closed at $294 today. They hit their max so far around $325/share just a couple of months ago on July 25.

• That tells me that there is room for growth with PNRA.

If you exclude the financial crisis of 2008...once Chipotle hit $100/share, they did not look back and skyrocketed.

What about Google? Same thing. Once it hit $100/share, it never looked back.
Same thing for Apple.

Fact: Walmart, McDonalds, Coca Cola have never hit $100/share.

If you take into account the local knowledge that Covelli plans to expand to at least 30 locations, my logic tells me to buy Panera. Now. I am funding my Scottrade account, and I am going to buy some shares.

Random NOTES:

• I am writing this blog about Panera stock on a Friday night. Perhaps I should re-evaluate my social life.
• If you read all this, thank you...but you might want to re-evaluate your social life as well:)

PNRA stock watch update

I see today that their stock is inching it's way down. It closed today @ $96.96. I believe it was trading around $104 over Christmas, which was an all-time high. I still think now is not the time to buy. Perhaps if it dips down in the 80's...but certainly if it should reach the 70s. Not that I know what I am talking about. Just a fun guess. Other food for thought, Chipotle's stock is sitting around $220. So, perhaps there is plenty of room for growth for PNRA. Maybe now is the time to buy?

To invest, or not to invest? That is the question...

Interesting fact I discovered about Panera today. It appears from my research that their stock price is the highest it has been in the history of it's existence! As of today, the stock price is just over $104/share! I am by far, not a financial analyst, but I would say now is not the time to buy this stock...or is it? (PNRA)

It appears that they have been on a steady incline since July 2010, going from $78/share to over $104/share today!! I wish I would have invested in January 2000, where shares were going for just over $3!!

Woulda...coulda....shoulda.

The question remains...is it time to invest? How much further can they go up, before they go down again.

More research is needed...and many more Panera Breads need to be visited.